Shore Capital reaffirmed their buy rating on shares of John Hancock Income Securities Trust (NYSE:JHS) in a research report released on Monday morning.

Shares of John Hancock Income Securities Trust (NYSE:JHS) remained flat at $14.55 during mid-day trading on Monday. The stock had a trading volume of 4,323 shares. John Hancock Income Securities Trust has a 52-week low of $12.99 and a 52-week high of $14.95. The stock’s 50 day moving average price is $14.67 and its 200-day moving average price is $14.44.

The business also recently announced a dividend, which was paid on Friday, September 30th. Stockholders of record on Monday, September 12th were issued a dividend of $0.211 per share. The ex-dividend date of this dividend was Thursday, September 8th.

John Hancock Income Securities Trust Company Profile

John Hancock Income Securities Trust (the Fund) is a closed-end management investment company. The Fund’s investment objective is to generate a high level of current income consistent with prudent investment risk. Under normal circumstances, the Fund invests approximately 80% of its net assets (plus borrowings for investment purposes) in income securities, consisting of marketable corporate debt securities, governmental obligations, and cash and commercial paper.

5 Day Chart for NYSE:JHS

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